Noram Lithium Corp (TSE:NRM)
:NRM
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NRM Stock Chart & Stats
C$0.11
C$0.00(0.00%)
At close: 4:00 PM EST
C$0.11
C$0.00(0.00%)
Day’s Range― - ―
52-Week RangeC$0.09 - C$0.20
Previous CloseN/A
Volume4.50K
Average Volume (3M)60.90K
Market Cap
C$11.63M
Enterprise ValueC$17.11M
Total Cash (Recent Filing)C$114.13K
Total Debt (Recent Filing)C$104.61K
Price to Earnings (P/E)―
Beta-1.21
Next Earnings
Jul 01, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding89,452,614
10 Day Avg. Volume109,218
30 Day Avg. Volume60,895
Financial Highlights & Ratios
PEG Ratio0.21
Price to Book (P/B)2.30
Price to Sales (P/S)0.00
P/FCF Ratio-19.11
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Low Financial LeverageVery low reported leverage (debt-to-equity ~0.02) gives the company durable financial flexibility. Minimal interest obligations reduce fixed charges, allowing management to allocate capital to exploration and permitting. This conserves optionality and lowers near-term solvency risk while advancing Zeus.
Improving Cash BurnA materially lower operating cash burn (about -$2.2M to -$0.7M) extends runway and indicates tighter cost control. Sustained reductions in cash outflows reduce the frequency and size of future financings, enabling steadier progress on resource definition and permitting over the medium term.
Narrowing Net LossesSignificant narrowing of net losses demonstrates improved expense discipline or staged spending tied to project milestones. If this trend persists, it lowers dilution pressure, improves credibility with potential partners, and supports the company's ability to advance Zeus toward development without unsustainable cash burn.
Bears Say
Pre-revenue Business ModelThe company is exploration-stage with no operating revenue, meaning it lacks commercial cash flows. This creates structural dependence on external capital markets to fund operations, raising execution and dilution risk until production, off-take, or other commercial revenues are established.
Persistent Negative Cash GenerationOperating and free cash flows remain negative despite improvement, so the business is not yet self-funding. Continued negative cash generation requires recurring financings, which can dilute shareholders, slow project timelines, and expose development plans to capital-market cyclicality over the medium term.
Declining Equity Base & Negative ROEA sharply reduced equity base and deeply negative ROE reflect prior dilution and capital consumption. This weakens the balance sheet and reduces bargaining power for non-dilutive financing or strategic deals, increasing the likelihood of future dilutive raises and impairing long-term funding flexibility.
Noram Lithium Corp News
NRM FAQ
What was Noram Lithium Corp’s price range in the past 12 months?
Noram Lithium Corp lowest stock price was C$0.09 and its highest was C$0.20 in the past 12 months.
What is Noram Lithium Corp’s market cap?
Noram Lithium Corp’s market cap is C$11.63M.
When is Noram Lithium Corp’s upcoming earnings report date?
Noram Lithium Corp’s upcoming earnings report date is Jul 01, 2026 which is in 23 days.
How were Noram Lithium Corp’s earnings last quarter?
Currently, no data Available
Is Noram Lithium Corp overvalued?
According to Wall Street analysts Noram Lithium Corp’s price is currently Overvalued.
Does Noram Lithium Corp pay dividends?
Noram Lithium Corp does not currently pay dividends.
What is Noram Lithium Corp’s EPS estimate?
Noram Lithium Corp’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Noram Lithium Corp have?
Noram Lithium Corp has 89,452,614 shares outstanding.
What happened to Noram Lithium Corp’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Noram Lithium Corp?
Currently, no hedge funds are holding shares in TSE:NRM
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Noram Lithium Corp
Noram Lithium Corp. engages in the acquisition, exploration, and development of mineral properties in the United States. Its flagship property is the Zeus Lithium project that covers an area of approximately 1,113 hectares located in Clayton Valley, Nevada. The company was formerly known as Noram Ventures Inc. and changed its name to Noram Lithium Corp. in July 2021. Noram Lithium Corp. was incorporated in 2010 and is headquartered in Vancouver, Canada.
Technical Analysis
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Options Prices
Currently, No data available
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